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Old 11-07-2020, 05:52 PM   #1347
GasoLane
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Join Date: Mar 2005
Location: Sunny Downtown Wagga Wagga. NSW.
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Default Re: Australia housing bubble

Quote:
Originally Posted by leesa View Post
That's a nice notion but it probably won't happen like that. Your house will more likely be sold to pay for your stay in a nursing home when you're no longer able to take care of yourself at home.
Unless you die suddenly or maintain your faculties long enough that you won't need someone to care for you, your power of attorney will probably sell your house to pay for your care until your end of life, which usually costs hundreds of thousands of dollars.
Geez Leese I don't know how you manage to maintain such a happy go lucky carefree attitude with all that's happening in the world today.
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